Building for Sale

Investment property for sale in a central location in Athens, ideal for residential development or hospitality use. The property is eligible for the Golden Visa program, offering strong development potential. The building was constructed around 1958 and underwent a full and radical renovation in 1993. It is currently used as office space and is developed across three levels: ground floor 270 sq.m., 1st floor 240 sq.m., and 2nd floor 220 sq.m., along with a basement of 84 sq.m. The building also features an elevator. The property includes two entrances with glass storefront doors, internal shutters throughout, tile flooring, and aluminum window frames. It is front-facing and dual-aspect, while the 1st and 2nd floors feature skylights, allowing plenty of natural light. The property offers excellent investment potential, with the possibility of developing 13–14 apartments of approximately 40–60 sq.m. each. Alternatively, it can be converted into a boutique hotel with approximately 18 suites of 30–40 sq.m. Price: €1,350,000 (negotiable)